2042 N CENTER Street, Mesa, AZ 85201 (MLS# 6988778)

2042 N CENTER Street, Mesa, AZ 85201

$899,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,155 Lot Size (sq. ft.): 43,516 Status: Active

Current Price: $899,000 Last Modified: 2/24/2026

Description

Unbelievable investment opportunity with scale, flexibility, and strong income potential! Three properties on two parcels totaling .999 acres with flood irrigation, mature citrus trees of multiple varieties, and exceptional usable space. The main house offers nearly 2,200 sq ft with 5 bedrooms, 2.5 baths, and a 3-car garage, plus value-add potential with an easy option to enclose the rear patio for additional livable square footage. The renovated 2 bed/2 bath manufactured home (updated within the last two years) currently rents for $1,200/month, and the separate studio is leased at $410/month. Property also includes a 900 sq ft workshop, 600 sq ft shed, approximately 7,200 sq ft of irrigated grass backyard, and 8 covered carport spaces with ample room to store equipment, vehicles,

Supplements: or run a home-based business. Tenants are willing to sign long-term leases or vacate upon sale, offering maximum flexibility for investors or owner-occupants looking to create a multi-generational compound or income-producing property on nearly an acre -- a rare find with irrigation and serious upside potential.

More Information MLS# 6988778

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $899,000 Status: Active Current Price: $899,000 List Date: 2026-02-23

Location, Tax & Legal

Assessor's Map #: 17 Legal Description (Abbrev): N 125F OF S 475F OF W 220F OF E 260F OF SW4 SEC 3 Assessor's Parcel #: 3 Assessor Parcel Ltr: U Tax Municipality: Mesa Taxes: 1848 House Number: 2042 Compass: N Street Name: CENTER St Suffix: Street City/Town Code: Mesa State/Province: AZ Zip Code: 85201 Zip4: 1504 County Code: Maricopa Assessor Number: 136-17-003-U Subdivision: Unknown Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 1 Approx SQFT: 2155 Price/SqFt: 417.17 Approx Lot SqFt: 43516 Approx Lot Acres: 0.999 Horses: Y Builder Name: unknown Lead Based Hazard Disclosure: Yes Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Whittier Elementary School Jr. High School: Kino Junior High School High School: Westwood High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 5 Total Bathrooms: 3 Year Built: 1971

Legal Info

Range: 5E Section: 3 Township: 1N Lot Number: 1

Special Listing Cond

N/A: 1

Construction

Slump Block: 1

Const - Finish

Painted: 1

Roofing

Shake: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Combo: 1

Master Bathroom

Full Bth Master Bdrm: 1

Master Bedroom

Split: 1

Flooring

Carpet: 1

Dining Area

Other (See Remarks): 1

Heating

Forced Air: 1 Electric: 1

Kitchen Features

Built-In Electric Oven: 1 Electric Cooktop: 1

Cooling

Central Air: 1

Laundry

See Remarks: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Block: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Spaces

Slab Parking Spaces: 20 Total Covered Spaces: 11 Garage Spaces: 3 Carport Spaces: 8

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 1031 Exchange: 1

Utilities

SRP: 1 City Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Grass Front: 1 Grass Back: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1 Subject To Tenant Rights: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Geo Lat: 33.452598 Geo Lon: -111.831583

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm Master Bedroom: Split Flooring: Carpet Spa: None Dining Area: Other (See Remarks) Kitchen Features: Built-In Electric Oven; Electric Cooktop Laundry: See Remarks Construction: Slump Block Const - Finish: Painted Roofing: Shake Cooling: Central Air Heating: Forced Air; Electric Utilities: SRP; City Gas Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Fencing: Block Landscaping: Grass Front; Grass Back Lockbox Type: Combo Possession: Close of Escrow; Subject To Tenant Rights Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail

Listing Office: Close Pros

Last Updated: February - 24 - 2026